It seemed impossible a few months ago, but the truth is that Aena is already in a position to attack the barrier of 200 euros per share. After in recent months it has led to its listing from 130 to 180 euros. So that in this way, it is very well positioned to head towards the maximum zone. In other words, it has a movement of a certain distance, towards the upper resistance band in the surroundings of 180 and 190 euros in the coming months. Despite this high valuation of their prices, financial analysts agree that their prices are far from expensive.
On the other hand, it must be considered that this value of the Ibex 35 is one of the most preferred by brokers to be part of our next portfolio. With which you can make the savings more profitable than with other proposals in the national equity markets. For a more conservative investor profile than others, despite the ratios where it is currently trading. To the point that this is one of the factors that are pushing back the entry of new shareholders into the company. For the fear of altitude sickness in its valuation on the stock market.
While on the other hand, another of the most relevant aspects of Aena is the good time it is going through. When presenting a excellent technical aspect that can take you to more demanding heights in the next trading sessions. In addition, it cannot be forgotten that its activity is closely linked to tourism and the latest data show the good health that the first industry in our country has put in place. This being one of the few securities in the sector that is listed on the benchmark index of Spanish equities, the Ibex 35, together with Amadeus and which in both cases maintain a clear upward trend.
Aena: background uptrend
If this stock market value is characterized by something in recent years, it is by maintaining an impeccable upward trend, at least in the medium and especially long term. Thus, it can be profitable for a period of permanence longer than that of other Spanish equity securities. From this point of view, it is more of a hold than a sell because it still has an upward trajectory driven by its good technical aspect. This does not mean that, as has happened in recent months, very specific corrections that can be used to enter the company with a more competitive price than before.
Another of the investment strategies that you can use from now on is to wait for it to overcome the enormous resistance it has at the levels of 200 euros for each share. To take advantage of a new upward pull that you can develop up to 230 or even 250 euros in the best of the scenarios that can be presented under these working hypotheses. In this sense, you cannot forget that its level of overbought is increasing and it is time to adjust to the law of supply and demand so that it can continue to rise in the next sessions on the stock market. With an aspect that certainly does not invite you to sell your shares, at least for the moment.
Your dividend incentive
This remuneration to shareholders is another of the reasons that invite us to take positions at this time with the goal of making our personal capital profitable. Not surprisingly, it offers a dividend yield very close to 6% and being one of the highest within the Ibex 35. Above even very leading values in national equities and that it helps you that you can have a fixed and guaranteed monetary contribution every year and what is more important, whatever what happens in the financial markets. In this sense, it is a clear alternative to the interests currently offered by the different financial and banking products. For example, time deposits, bank promissory notes and, in general, all those linked to fixed income markets.
While on the other hand, it should also be noted that this investment strategy is developed for a very limited profile in small and medium investors. That is, they present more conservative or defensive constants in which security and money preservation prevail over other more strategic and aggressive considerations. At a time when the price of money is in negative territory in the euro zone and has no signs of changing in the coming months, as has been pointed out since European Central Bank (ECB). Dividends being one of the solutions to this monetary problem.
The pull of tourism
The good performance of this stock market value is due in large part to the good data that the tourism sector is providing, both nationally and outside our borders. Because in effect, it largely reflects the increased flow of visitors and especially of the influx of travelers at national airports. A trend that does not seem to be able to change in the short term at least and that may be the trigger for further increases in this value of the Ibex 35. While on the other hand, it cannot be forgotten that at the moment it offers greater confidence to small and medium investors. To the point that you are moving a very high volume of securities for what is a small cap security.
Aena, on the other hand, can act as shelter value in the face of a more unfavorable scenario for the equity markets. To the point that appreciations can be noted in the price of their shares. Among other reasons because it is not a cyclical value that is at the expense of the situation in the international economy. If not, on the contrary, it provides retail investors with greater stability than the rest and this additional factor can benefit the entry of new money into their positions on the stock market. As well as pointing to a progressive appreciation in its prices. That is to say, slowly but surely and to the liking of the most defensive shareholders who want more security from now on.
Respect the 150 euros
In any case, we must be aware that it does not violate the support it has at 150 euros because in this case it may change the trend at least in the short and medium term. For this reason, if you are going to take positions in this value of the tourism sector, you should provide a loss limitation order. This is because it is always better to lose 3% of the investment than margins greater than 10% and that can cause a serious problem in your personal accounts from these precise moments.
In addition, this mandate does not suppose you any expense or commission in its application and that can mean you carry out an investment strategy that is very useful for your interests as a small and medium investor. As a preventive measure against what may happen in the next sessions on the stock market, despite the fact that this is not exactly a security with great volatility in the conformation of its prices. As an element to encourage the hiring of their degrees, which is after all one of your objectives.
In this sense, it is a clear alternative to the interests currently offered by the different financial and banking products. For example, time deposits, bank promissory notes and, in general, all those linked to fixed income markets.
Passenger traffic at airports
The airports in the Aena network registered more than 18,3 million passengers in November, 3,6% more than in the same month of 2018. Specifically, the total number of travelers was 18.349.342. Of these, 18.297.015 corresponded to commercial passengers, of which 11.836.146 traveled on international flights, 3,4% more than in November 2018, and 6.460.869 did so on domestic flights, 4,1% more .
The Adolfo Suárez Madrid-Barajas Airport registered the highest number of passengers in the month of November, with 4.779.867, which represents an increase of 5,3% compared to the same month of 2018. They are followed by Josep Tarradellas Barcelona-El Prat , with 3.674.586 (6,7% more); Gran Canaria, with 1.191.079 (+0,8%); Malaga-Costa del Sol, with 1.169.841 (+1,7%); Palma de Mallorca, with 1.002.869 (-1,2%); Tenerife Sur, with 982.064 (1,4% less); and Alicante-Elche, with 934.652 (+ 4,8%).
Between January and November 2019, passenger traffic grew by 4,4% and added a total of 256.990.394 travelers at the airports in the Aena network. Regarding the number of operations, in November a total of 164.851 aircraft movements were registered in the Aena airport network, 0,4% less than in the same month of the previous year. While on the other hand, it should be noted that between January and November, 2.198.017 movements between departures and arrivals were operated at the airports in the Aena network, representing an increase of 2,9% compared to the same period of the previous year. .